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Gold News

UK Government Vetoes Gold-Backed Cryptocurrency Project

November 4, 2018 By goldscape.net

The organisation responsible for supplying the coinage of the United Kingdom, Royal Mint Limited, has shelved proposals to unveil its own gold-backed cryptocurrency due to the UK government’s dissatisfaction with the project. According to a late October news story by Reuters, the Royal Mint was weighing up issuing “Royal Mint Gold” (RMG) crypto tokens which would […]

Filed Under: Gold News

Visions of Dubai Palm Jumeirah 2010 gold coin released

June 16, 2010 By James Clark

Dubai Multi Commodities Centre (DMCC) and the World Gold Council have launched The Palm edition of the Visions of Dubai gold coin series. The coin features the image of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on the front and The Palm […]

Filed Under: Gold News Tagged With: dubai, gold coins, uae, visions of dubai palm jumeirah

100 kg gold coin to be auctioned in Vienna

June 14, 2010 By James Clark

The world’s largest gold coin, measuring about 53cm in diameter and weighing 100 kilogram, is to be auctioned in Austria. The coin, made of pure refined gold, is a Canadian Maple Leaf, with a denominated value of $1,000,000. It is expected to reach over 4 million at auction. The coin will be auctioned on June […]

Filed Under: Gold News Tagged With: austria, gold coins, vienna

Gold Vending Machine Opens in Abu Dhabi Hotel

May 15, 2010 By James Clark

The Emirates Palace hotel in Abu Dhabi, UAE, has unveiled a gold vending machine. The vending machine operates like any other vending machine. Select a product and put the required cash in the machine, and out slides your selection. Customers can choose from gold bars weighing up to 10 grams or well known gold coins […]

Filed Under: Gold News Tagged With: abu dhabi, gold bar, gold coins, uae, vending machine

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